Security Exchange News

News By Category: ARGENTINA

Power Struggle

20 June 2019

A massive power outage has affected millions of people across Argentina and Uruguay. In the early hours of Sunday morning, nearly 50 million people across both countries were without electricity. Airports were still operating with the aid of generators, but disruption to public transport and major roads was reported both in Buenos Aires and Montevideo. In Argentina, while some parts of the country were still waking up to celebrate Father’s Day, some provinces were scheduled to hold their local elections. Although blackouts in Argentina are not a new issue, the latest was labelled the largest.

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Triple Frontier

21 March 2019

Every year, millions of visitors go to southern Brazil to visit the iconic Iguazu Falls. These massive waterfalls are shared by the Brazilian town of Foz do Iguaçu and Argentina’s Puerto Iguazu. Both cities converge along the Parana and Iguaçu rivers in the so-called tri-border area, which also includes the Paraguayan town of Ciudad del Este. This area is known for its countless shops and duty-free malls. Apart from tourism, the tri-border area has also become an attractive hub for money-laundering, drug-trafficking, organised crime, kidnapping, brand piracy and the financing of terrorism.

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